Mint Markets · Finance · 2026-08-20
US Treasury to double long-term bond buybacks as Bessent signals fiscal consolidation and focus on debt
US Treasury Secretary Scott Bessent said Treasury bond buybacks could exceed $4 billion per issue, after the department announced plans to at least double purchases of longer-dated debt. He also signalled a stronger fiscal consolidation push to curb the deficit and reduce borrowing costs. US Treasury to double long-term bond buybacks as Bessent signals fiscal consolidation and focus on debt
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